Open a position for EA MT4

Hello everyone,
this is another utility that I wrote specifically for users using my profile with a large number of experts and sets (https://www.mql5.com/en/blogs/post/750723) .
This utility is useful for working with a profile using grid strategies (averaging and martingale). As we know, such strategies periodically fall into a large drawdown and you need to be careful when opening averaging positions (do not open too many). In my profile, I use a limit of 3 positions for each EA, if this was not enough to exit the drawdown, then the positions are against a strong trend and you need to choose a key level (the most likely for a rebound or trend reversal) to open the next position.
Consider the situation, some EA has opened 3 positions against the trend, then you do not want EA to continue averaging on its own, but you want to choose the price value at which to open the next position. To do this, you need: 
  1. Attach the utility "Open a position for EA" to the chart of the symbol for which the drawdown.
  2. In the "Magic_positions" parameter, register the magic number of EA whose positions are in drawdown. This is necessary so that EA takes into account the open position of the "Open a position for EA" utility, this will allow EA to control all open positions and close them at the appropriate moment.
  3. Specify the desired trading lot size for the new position in the "Lots" parameter.
  4. Set the desired price to open the next position in the "Price_for_pending_order" parameter field. The type of orders will suit "ORDERS_LIMIT" (selected in the "Type_Orders" parameter), but in some situation "ORDERS_STOP" may be useful to you, or you can just instantly open a position at the current price (without taking into account the "Price_for_pending_order" parameter) - MARKET_BUY or MARKET_SELL. 
That's all,  I'll describe a few more additional parameters that may come in handy.
  • "Comment_position" - comment for a new position/order, can be any (does not affect anything).
  • "Allow_only_in_direction_open_positions" - if "true", it will allow you to open a position/order only in the direction of open positions (i.e. BUY or SELL). It's like insurance, so as not to accidentally open a trade in another direction.
  • "Delete_order_if_position_opened" - if "true", the pending order will be deleted if a position with the specified magic number somehow opens (for example, EA will open a position according to its logic, or another pending order with this magic number  will be trigger).
  • "Remove_utility_after_execution" - if "true", the utility will be removed from the chart after performing its function.   

Version for MT5: https://www.mql5.com/en/market/product/107312

Discuss the complexities of Forex trading here: chat "Age of Expert Advisors".


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VOUS CHERCHEZ LA VERSION MT5 ? Si vous utilisez MetaTrader 5, cliquez ici pour obtenir la version native : https://www.mql5.com/fr/market/product/155546 Multi-Currency Strength Dashboard PRO — Indicateur professionnel de force des devises (MT4) Multi-Currency Strength Dashboard PRO est un indicateur avancé pour MetaTrader 4 qui mesure en temps réel la force relative des principales devises du marché Forex. Il analyse jusqu’à 28 paires majeures, calcule la force normalisée des 8 devises pr
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Duplicator pour MetaTrader 4 — système professionnel de duplication de trades et d’ordres dans un seul terminal Un Expert Advisor puissant conçu pour les traders qui veulent dupliquer automatiquement des transactions déjà ouvertes, amplifier le volume, appliquer leur propre logique de lot et gérer les duplicatas selon des règles précises. C’est un outil pratique pour le trading manuel, pour les systèmes automatisés et pour la gestion flexible de positions déjà présentes dans le terminal. Duplic
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DYJ me suit est un EA qui suit l'enregistrement virtuel des transactions de n'importe quel indicateur dyj pour l'ouverture et la position réelle. Il peut afficher le nom et l'état de l'indicateur de la source de signal unique; Il n'y a actuellement que l'indicateur DYJ T3ModeMa, et d'autres seront étendus à l'avenir. Il peut recevoir la direction de la tendance en temps réel de l'indicateur. Il peut recevoir la dernière heure autorisée de l'indicateur. Il peut recevoir le dernier prix d'entr
Telegram to MT4 Multi-Channel Copier copie automatiquement les signaux de trading de vos canaux Telegram directement dans MetaTrader 4. Pas de bots, pas d'extensions de navigateur, pas de copie manuelle. Vous recevez un signal sur Telegram et l'EA ouvre la position sur votre terminal en quelques secondes. Le produit comprend deux composants : une application Windows qui écoute vos canaux Telegram, et cet Expert Advisor qui exécute les signaux sur votre terminal MT4. Une version MT5 est également
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Vladislav Andruschenko
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SAFETYLOCK for MetaTrader 4 est un utilitaire premium de protection des trades conçu pour défendre les positions ouvertes contre les retournements brusques du marché en plaçant automatiquement un ordre de sécurité opposé. Dès qu'un trader ou un Expert Advisor (EA) ouvre une position, SAFETYLOCK for MT4 crée un ordre en attente correspondant (Buy Stop ou Sell Stop) dans la direction opposée. Si le marché évolue contre le trade initial, l'ordre en attente est déclenché et forme un verrou de protec
Equity Protect Pro : Votre expert en protection de compte complet pour un trading en toute sérénité Si vous recherchez des fonctionnalités telles que la protection de compte, la protection des capitaux propres, la protection de portefeuille, la protection multi-stratégies, la protection des bénéfices, la prise de bénéfices, la sécurité de trading, les programmes de contrôle des risques, le contrôle automatique des risques, la liquidation automatique, la liquidation conditionnelle, la liquidatio
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Konstantin Kulikov
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Konstantin Kulikov
Sometimes the markets are in such a trending phase that it is impossible not to notice and it is enough to simply buy with the trend. 1) So, we scroll through the charts of different instruments, and see a good entry point, so let's specify the desired price for the first order in the Price_for_First_Order parameter and the direction in the Trend_Direction parameter, this is already enough for a good deal. (If Price_for_First_Order=0, the position will open immediately at the market price.) 2) T
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Key Levels Market — Détecteur Intelligent de Zones d'Offre et de Demande Key Levels Market   est un indicateur technique robuste pour la plateforme MetaTrader 4, conçu pour identifier et tracer automatiquement les zones clés d'intérêt du marché. Il détecte avec précision les zones où le rapport de force s'inverse entre les Acheteurs (Bulls) et les Vendeurs (Bears), vous épargnant ainsi des heures d'analyse manuelle. Après l'achat, assurez-vous de me contacter via le système de messagerie privée
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The utility places virtual (hidden from your broker) trailing stop, breakeven, stop loss and take profit.‌ It is necessary to allow automated trading in the terminal settings. In testing mode, the utility opens Buy or Sell positions on the first ticks, which allows you to visually observe the given logic, changing the utility parameters. In real mode, the utility does not open positions. Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Parameters magic   - magic n
The utility places trailing stop, breakeven, stop loss and take profit.‌ It is necessary to allow automated trading in the terminal settings. In testing mode, the utility opens Buy or Sell positions on the first ticks, which allows you to visually observe the given logic, changing the utility parameters. In real mode, the utility does not open positions. Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Parameters magic   - magic number. If less than 0, positions w
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Konstantin Kulikov
3.71 (7)
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Konstantin Kulikov
4 (6)
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Andreas Andrianto
866
Andreas Andrianto 2023.12.28 10:42 
 

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